Thank you in advance for anyone that can shed some light on this or point me in the direction of good materials to read!

For a lot of things you can just look up material costs and assume the same for labor. 50% material and 50% labor holds roughly true for the entire project, at least for me here in Milwaukee, your labor cost will probably be higher in the Bay Area.100-125k spread would be tight, even for me here in Milwaukee.

It’s astonishing to me that some gurus still promote dishonest practices in wholesaling.Don’t rush to blame wholesalers, though.

I could see how it could get up to $16K with materials for a service that large.

Just keep thorough records of your expenses—materials, labor, permits, etc.

You want to delegate all the mundane tasks to others and focus on doing tasks that only you can do.While you are calculating the costs of all the raw materials, you also have to calculate your salary into the total cost of writing your own handwritten letters.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

I looked at one lot U could build on it but there is only a 5 foot path to haul material in.. :) and they want 300k for it.. 

Curious to hear the system you'd recommend for tracking material participation?    

While I can’t promote my company directly, I’m looking to connect with cash buyers in key markets such as Florida, Arizona, Michigan, Alabama, Nevada, Ohio, Texas, North Carolina, Tennessee, and Georgia.I’d love to hear from anyone who has successfully built relationships with cash buyers.What strategies or platforms have you found most effective for connecting with them?